PYMNTS

SEPTEMBER 20, 2017

Owned and operated by Donadio and headquartered in Verona, New Jersey, Top Notch is a company that marketed loans to consumers who were on tap to receive payments from legal settlements or victim compensation funds. Our proposed order seeks to knock these parties out of this business altogether, and impose penalties on them.”.

New Jersey 105

New Jersey National Company Payments 105

CB Insights

MAY 23, 2019

Below, we take a look at some of these frauds and the lessons they can teach entrepreneurs hoping to launch their own products, companies, and funds. Mozido’s fintech fraud fiasco. Virgin Hyperloop One’s utopian vision derailed by fraud. Some companies just push their luck a little too far. Total Funding: $1.1B.

Fraud 78

Fraud Las Vegas Company Video 78

CB Insights

OCTOBER 29, 2018

The housing bubble bursting that same year had the opposite effect and various penalties and real estate losses relating to Countrywide’s lending practices ended up costing BofA about $40B, all told. Date: September 3, 2001. ” 11. HP and Compaq. Price: $25B. s Quattro Pro spreadsheet software.

Google 76

Google Software Innovation Company 76

PYMNTS

SEPTEMBER 18, 2017

As a consequence, we have three credit reporting agencies operating today, who are largely free to do whatever they want with the data they have — consumer complaint database be damned. FICO scores are based on a credit scoring model using data from one of The Big Three agencies — Equifax , TransUnion and Experian.

Report 202

Report Regulation Data Retail 202

CB Insights

NOVEMBER 9, 2017

And then there were some uncommon and more dramatic causes of failure, including: Financial fraud. Australian music streaming company Guvera has reportedly stopped operating, with its co-founder and biggest financial backer walking away from the project. Select VC Investors: VantagePoint Capital Partners, Lend Lease Ventures.

Capital 78

Capital Company San Francisco Operations 78